New residential building in Limassol № 154046
A new project is offered for sale, which represents one of the best investment opportunities in Limassol. This is a modern 3-storey building with 6 luxury apartments with 2 bedrooms each. The investor has the opportunity to buy the entire building, and have an average annual return on investment of 7.5% from renting out all 6 apartments. Located in a quiet area of Ekali, the project provides easy access to all urban amenities and the city center. One of the biggest advantages of the location is the proximity to major private schools (Heritage, Pascal, The Island) and the newly opened Limassol University. Each apartment has high ceilings, large covered verandas, storage rooms and covered parking spaces. The building's characteristics also include modern open layouts, thoughtful master plan, landscaping, gym, roof garden with barbecue and bar for Apartments 301 and 302, one parking space for people with disabilities, photovoltaic system for each apartment and for common areas, armored entrance door, controlled entrance, kitchen, cabinets, interior doors of famous Italian brands, plumbing of the highest quality, wiring for electric radiators and air conditioning systems with split systems are provided in each area of the apartment. The target market for these apartments will be Cypriots and foreigners, families with children, students or couples.
▪ The sale price of the entire building: 2,560,000 euros + VAT.
The approximate additional cost of fully furnished and equipped all six apartments is 180,000 euros.
▪ Expected rental income: 7.5%
